Midwest signs MoU with Indonesia state miner PERMINAS for rare earth collaboration

Midwest Limited, along with Midwest Energy Limited and NFTDC (under India's Ministry of Mines), signed an MoU with PERMINAS, Indonesia's state-owned strategic minerals enterprise. The collaboration covers critical minerals and rare earth resources in Indonesia, including exploration, mining, processing, refining, and rare earth magnet production. No monetary commitment at this stage. Midwest Energy is a promoter group entity, making this a related party transaction at arm's length. A joint working group will oversee implementation.